SPAC Services
Leading SPAC Practice
B.
Riley Securities is an established, top small-cap special purpose acquisition
company ("SPAC") practice. Our dedicated SPAC team has a strong
track record, having completed numerous SPAC IPOs, SPAC business combinations
and PIPE (Private Investment in Public Equity) deals. Our team plays a critical
role in the evaluation and analysis of these investments, always putting our
clients' interests first throughout the process. Despite the unprecedented SPAC
volume in the last year, we remain steadfast in our selective approach to
long-term, quality partnerships, from initial target identification all the way
through to successful business combinations. Through this selective approach,
all of our underwritten SPACs have successfully completed an initial business
combination.
2021 Highlights
2021 Highlights
- The M&A Atlas Awards 2021 SPAC Investment Bank of the Year
- 26 closed SPAC transactions
- 6 closed business combinations serving as advisor, totaling $5.1 billion in transaction value
- 5 PIPE transactions raising a total of $637.7 million of PIPE capital
- 15 SPAC IPOs raising $2.4 billion(1)
- Of which 11 we served as sole or lead bookrunner raising $2.2 billion
(1) Weighted
on $ raised attributed to respective bank economics on transaction.
November 2021
$143,750,000

IPO
Sole Bookrunner
November 2021
$230,000,000

IPO
Common Stock
Sole Bookrunner
October 2021

consummated business combination with

Capital Markets Advisor
October 2021
$205,000,000

consummated business combination with

PIPE
Placement Agent
October 2021
$50,000,000

Lead Placement Agent

October 2021

consummated business combination with

Capital Markets Advisor
October 2021

consummated business combination with

Capital Markets &
Financial Advisor
September 2021
$143,750,000

IPO
Sole Bookrunner
August 2021

consummated business combination with

Capital Markets Advisor
August 2021
$172,500,000

Sole Placement
Agent
May 2021
$230,000,000

IPO
Co-Manager
February 2021
$172,500,000

IPO
Sole Bookrunner
February 2021
$1,380,000,000

IPO
Co-Manager
February 2021
$552,000,000

IPO
Co-Manager
January 2021
$276,000,000

IPO
Joint Bookrunner
January 2021
$35,000,000


Placement Agent
January 2021

consummated business combination with

Financial Advisor
December 2020
$500,000,000

IPO
Co-Manager
November 2020
$231,560,000

IPO
Sole Bookrunner
November 2020
$143,750,000

IPO
Sole Bookrunner
October 2020
$200,000,000

IPO
Sole Bookrunner
October 2020
$25,000,000

Sole Placement Agent

September 2020
$172,500,000

IPO
Sole Bookrunner
May 2020
$175,000,000

IPO
Sole Bookrunner
February 2020

consummated business combination with

Capital Markets Advisor
February 2020
$35,000,000

PIPE
Sole Placement Agent
November 2019

consummated business combination with

Capital Markets Advisor
November 2019
$75,000,000


Sole Placement Agent
November 2019
$149,500,000

IPO
Sole Bookrunner
August 2019
$253,000,000

IPO
Sole Bookrunner
July 2019
$690,000,000

IPO
Co-Manager
April 2019
$143,750,000

IPO
Sole Bookrunner
December 2018

consummated business combination with

Capital Markets Advisor
December 2018
$96,900,000


Sole Placement Agent
September 2018
$690,000,000

IPO
Co-Manager
June 2018
$155,250,000

IPO
Bookrunner
May 2018
$345,000,000

IPO
Sole Bookrunner
January 2018
$125,000,000

IPO
Sole Bookrunner
July 2017
$230,000,000

IPO
Sole Bookrunner
June 2017
$115,000,000

IPO
Joint Bookrunner
April 2017
$172,500,000

IPO
Co-Manager
(1) Weighted on $ raised attributed to respective bank economics on transaction.
Information
presented for illustration purposes only and does not represent a
recommendation, solicitation or offer to buy or sell any security. Past performance is not indicative of future
performance.
KEY CONTACTS
Jonathan Mitchell, Sr. Managing Director
jmitchell@brileyfin.com
(212) 409-2434
Biography Included Below
Alexandra Shaffer, Vice President
(703) 312-9670
Angelina Eremina-German, Vice President
(646) 556-9193
Christopher Gerham, Associate
(646) 885-5426
Biography
Jonathan Mitchell is Senior Managing Director in B. Riley Securities' Investment Banking Group, where he leads the firm's SPAC practice. In 2015, Mr. Mitchell's former firm, MK Capital Advisors, merged with B. Riley & Co., LLC, later becoming B. Riley Capital Management, LLC. During his tenure at B. Riley & Co., Mr. Mitchell completed numerous SPAC IPO's and SPAC business combinations, in addition to advising on M&A and capital raising mandates. Mr. Mitchell also co-created the B. Riley SPAC Opportunity Fund, which is a dedicated SPAC investment fund that deploys capital in both SPAC IPOs and SPAC business combinations
During his time at MK Capital Advisors, Mr. Mitchell was an SEC Registered Investment Advisor who provided wealth management services to high net worth individuals and small institutions. Additionally, Mr. Mitchell served as an advisor to the MKCA Opportunity Fund, which is a fund-of-funds
Prior to MK Capital Advisors, Mr. Mitchell was the Equities Manager at Cullen Investments. Mr. Mitchell helped Cullen invest primarily in U.S. listed SPACs, during which Cullen Investments was one of the most active SPAC investors, having invested in more than 100 SPACs, with Mr. Mitchell playing a critical role in the evaluations, analysis and selection of these investments. Prior to his time at Cullen Investments, Mr. Mitchell served as the Founder and Chief Executive Officer of Pacific Capital Partners, a global investment company and private investment vehicle
Mr. Mitchell began his career at JP Morgan. Mr. Mitchell previously served on the Advisory Board for Lepe Partners LLP and GSV Capital In addition, Mr. Mitchell served on the Board of Directors for a Nasdaq-listed SPAC, which was sponsored by former Barclays and Citigroup executives
Mr. Mitchell holds a B.A. from the Bristol Business School